Carlyle Credit Income Fund (CCIF)

Company Profile

Vertical Capital Income Fund (VCIF ) is a closed-end fund investing in the U.S. residential whole-loan marketplace. Formed at the end of 2011, Vertical Capital Income Fund has strategically compiled and managed a portfolio that has generated investment returns derived solely from first mortgage residential loans. VCIF is different from other funds that participate in the U.S. residential mortgage market, because it does not purchase tranches of residential mortgage backed securities. This fact makes VCIF part of a small minority of traded funds and therefore a unique investment opportunity. VCIF has a long track record of providing income via routine monthly distributions and is managed by Oakline Advisors, LLC.

Company profile

Ticker

CCIF

Exchange

NYSE

Website

www.vertical-incomefund.com/

Incorporated

Delaware

Location

New York

Sector

Finance and Insurance > Securities and Commodity Exchanges

SEC CIK

0001517767

Corporate docs

Material Contracts & Credit Agreements

CCIF stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

SC TO-T/A

Third party tender offer statement (amended)

30 Aug 23

SC TO-T/A

Third party tender offer statement (amended)

29 Aug 23

N-PX

Annual report of proxy voting record

23 Aug 23

SC 14D9/A

Tender offer solicitation (amended)

15 Aug 23

SC TO-T/A

Third party tender offer statement (amended)

15 Aug 23

SC TO-T/A

Third party tender offer statement (amended)

14 Aug 23

SC 14D9

Tender offer solicitation

18 Jul 23

SC TO-T

Third party tender offer statement

18 Jul 23

SC TO-C

Information about tender offer

17 Jul 23

8-K

Regulation FD Disclosure

12 Jul 23

Latest ownership filings

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SC 13D/A

Carlyle Group Inc.

14 Sep 23

Change in insider ownership

14 Sep 23

SC 13D/A

Bulldog Investors, LLP

31 Aug 23

Change in insider ownership

Thomas J. Herzfeld Advisors, Inc.

16 Aug 23

NPORT-P

Vertical Capital Income Fund (Jun 2023 report)

25 Jul 23

SC 13G

Relative Value Partners Group, LLC

21 Jul 23

SC 13D/A

Relative Value Partners Group, LLC

21 Jul 23

Mark Garbin

20 Jul 23

Institutional ownership, Q2 2023

CCIF institutional ownership history Ownership history

56.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	37	38	-2.6%
Opened positions	5	3	+66.7%
Closed positions	6	9	-33.3%
Increased positions	7	8	-12.5%
Reduced positions	10	13	-23.1%

13F shares	Current	Prev Q	Change
Total value	50.92 bn	55.09 bn	-7.6%
Total shares	5.85 mm	10.00 mm	-41.5%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Relative Value Partners	1.65 mm	$16.43 bn	-1.2%
Saba Capital Management	844.03 k	$8.39 bn	0.0%
Sit Investment Associates	573.64 k	$5.71 mm	0.0%
Terrapin Asset Management	473.16 k	$4.71 bn	+52.6%
Thomas J. Herzfeld Advisors	465.03 k	$4.10 bn	-8.0%
Bulldog Investors	420.11 k	$4.18 bn	-3.0%
Icon Advisers	329.70 k	$3.28 bn	-21.4%
Envestnet Asset Management	224.09 k	$2.23 bn	+11.2%
CSS	198.07 k	$1.97 bn	+108.2%
Cetera Advisor Networks	145.60 k	$1.45 bn	-2.5%

Largest transactions	Shares	Bought/sold	Change
CG Carlyle Group Inc	0.00	-3.72 mm	EXIT
Almitas Capital	0.00	-546.23 k	EXIT
Terrapin Asset Management	473.16 k	+163.02 k	+52.6%
CSS	198.07 k	+102.94 k	+108.2%
Icon Advisers	329.70 k	-89.55 k	-21.4%
Thomas J. Herzfeld Advisors	465.03 k	-40.67 k	-8.0%
Koshinski Asset Management	38.62 k	+38.62 k	NEW
Townsquare Capital	0.00	-31.01 k	EXIT
Centaurus Financial	0.00	-25.88 k	EXIT
Alpine Global Management	23.36 k	+23.36 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CCIF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Sep 23	Subsidiary Holdings L.L.C. CG	Shares of Beneficial Interest	Buy	Acquire P	No	No	8.52	1,269,537	10.82 mm	4,785,628
28 Aug 23	Subsidiary Holdings L.L.C. CG	Shares of Beneficial Interest	Buy	Acquire P	Yes	No	8.3	504,042	4.18 mm	504,042
28 Aug 23	Subsidiary Holdings L.L.C. CG	Shares of Beneficial Interest	Buy	Acquire P	No	No	8.3	3,012,049	25.00 mm	3,012,049
28 Aug 23	Subsidiary Holdings L.L.C. CG	Contract to Purchase Shares of Beneficial Interest	Buy	Acquire P	Yes	No	8.3	1,303,187	10.82 mm	1,303,187

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

Carlyle Credit Income Fund (CCIF) Completes Initial Transition Plan, Declares Monthly Dividends and Announces August 31, 2023 Net Asset Value

12 Sep 23

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- Carlyle Credit Income Fund (the "Fund" or "CCIF") (NYSE:CCIF) today is pleased to announce the early completion of the initial transition plan following the

Behringer Announces Acquisition of 4880 Alpha and Transition of Vertical Capital Income Fund

5 Sep 23

The first half of the calendar year (2023) has been an active period for private investor Behringer and its partners. The Dallas-based investment platform formed in 1989 has transitioned its adviser role with the

Carlyle Credit Income Fund (CCIF) Declares August 2023 Dividend and Announces July 31, 2023 Net Asset Value

10 Aug 23

NEW YORK, Aug. 10, 2023 /PRNewswire/ -- Carlyle Credit Income Fund (the "Fund") (NYSE:CCIF) today is pleased to announce the declaration of a monthly dividend on shares of the Fund's common stock of $0.0551

Vertical Capital Income Fund Announces Sale of Majority of Investment Portfolio in Advance of Expected New Investment Advisory Agreement with Carlyle

11 Jul 23

Vertical Capital Income Fund (VCIF) Announces Estimated Sources of June 2023 Distribution

30 Jun 23